Canada Economic Calendar

Economy of Canada

Canada's economy is a highly developed mixed-market economy that ranks ninth in the world. The Canadian dollar (CAD) is the country's official currency and one of the top ten most-traded currencies.

The private sector predominates, but certain sectors (postal services, some electric utilities, and some transportation services) are still state-owned. Although Canadian agriculture is entirely private, to compete with the heavily supported agricultural industries of the European Union (EU) and the United States, Canadian agriculture has grown to rely on government subsidies.

The greatest sources of revenue for the Canadian federal government are personal and corporate income taxes, while its three largest costs are Social Security, Medicare, and the Supplemental Nutrition Assistance Program.

Individual income tax rates in Canada are higher than in the United States, which, along with usually better pay south of the border, drives many professionals to seek work in the United States.

Bank of Canada

The Bank of Canada (BOC) is Canada's central bank, responsible for issuing the Canadian Dollar and responsible for the monetary policy decisions.

Interest Rate of Canada

The Governing Council of the Bank of Canada (BoC) is in charge of setting the overnight rate which is official Interest Rate in Canada. Since 1996, the overnight rate on the money market has been set at the top of a range of rates.

Canada Economic Calendar

May 30, 11:00
CAD CFIB Business Barometer (May)
Low
47.6
49
56.4
May 30, 12:30
CAD Average Weekly Earnings YoY (Mar)
Low
4.5%
4.1%
4.2%
May 30, 12:30
CAD Current Account (Q1)
Medium
-C$4.5B
-C$5.5B
-C$5.4B
May 30, 16:00
CAD 2-Year Bond Auction
Low
4.196% 4.191%
May 31, 12:30
16h 55min
CAD GDP Growth Rate Annualized (Q1)
Medium
1%
2.2%
May 31, 12:30
16h 55min
CAD GDP Implicit Price QoQ (Q1)
Low
1.4%
131.4%
May 31, 12:30
16h 55min
CAD GDP Growth Rate QoQ (Q1)
High
0.2%
0.6%
May 31, 15:00
19h 25min
CAD Budget Balance (Mar)
Low
C$8.3B
-C$39B
Jun 03, 08:00
3 days
CAD Myfxbook USDCAD Sentiment
Medium
58%
Jun 03, 13:30
3 days
CAD S&P Global Manufacturing PMI (May)
High
49.4
49.7
Jun 05, 12:30
5 days
CAD Labor Productivity QoQ (Q1)
Low
0.4%
0.6%
Jun 05, 13:30
5 days
CAD S&P Global Composite PMI (Apr)
Low
47
47.5
Jun 05, 13:30
5 days
CAD S&P Global Services PMI (May)
High
49.3
49.7
Jun 05, 13:30
5 days
CAD S&P Global Composite PMI (May)
Low
49.6
Jun 05, 13:45
5 days
CAD BoC Interest Rate Decision
Medium
5%
4.75%
Jun 05, 14:30
5 days
CAD BoC Press Conference
Medium
Jun 06, 12:30
6 days
CAD Imports (Apr)
Low
C$64.84B
C$63.1B
Jun 06, 12:30
6 days
CAD Exports (Apr)
Low
C$62.56B
C$64B
Jun 06, 12:30
6 days
CAD Balance of Trade (Apr)
High
-C$2.28B
C$0.9B
Jun 06, 14:00
6 days
CAD Ivey PMI s.a (May)
High
63
61
Jun 06, 16:00
6 days
CAD 5-Year Bond Auction
Low
3.662%
Jun 07, 12:30
7 days
CAD Capacity Utilization (Q1)
Low
78.7%
78.8%
Jun 07, 12:30
7 days
CAD Part Time Employment Chg (May)
Low
50.3K
1K
Jun 07, 12:30
7 days
CAD Full Time Employment Chg (May)
Low
40.1K
4K
Jun 07, 12:30
7 days
CAD Participation Rate (May)
Medium
65.4%
65.4%
Jun 07, 12:30
7 days
CAD Unemployment Rate (May)
High
6.1%
6.1%
Jun 07, 12:30
7 days
CAD Employment Change (May)
High
90.4K
5K
Jun 10, 08:00
10 days
CAD Myfxbook USDCAD Sentiment
Medium
Jun 10, 12:30
10 days
CAD Average Hourly Wages YoY (May)
Low
Jun 11, 12:30
11 days
CAD Building Permits MoM (Apr)
Low
-11.7%
Jun 14, 12:30
14 days
CAD Manufacturing Sales MoM (Apr)
Low
Jun 14, 12:30
14 days
CAD New Motor Vehicle Sales (Apr)
Low
Jun 14, 12:30
14 days
CAD Wholesale Sales MoM (Apr)
Low
Jun 17, 08:00
17 days
CAD Myfxbook USDCAD Sentiment
Medium
Jun 17, 12:15
17 days
CAD Housing Starts (May)
Medium
Jun 17, 12:30
17 days
CAD Foreign Securities Purchases (Apr)
Low
Jun 17, 12:30
17 days
CAD Foreign Securities Purchases by Canadians (Apr)
Low
Jun 19, 17:30
19 days
CAD BoC Summary of Deliberations
Medium
Jun 20, 16:00
20 days
CAD 10-Year Bond Auction
Low
Jun 21, 12:30
21 days
CAD PPI YoY (May)
Low
Jun 21, 12:30
21 days
CAD PPI MoM (May)
Low
Jun 21, 12:30
21 days
CAD Raw Materials Prices YoY (May)
Low
Jun 21, 12:30
21 days
CAD Raw Materials Prices MoM (May)
Low
Jun 21, 12:30
21 days
CAD Retail Sales Ex Autos MoM (Apr)
High
Jun 21, 12:30
21 days
CAD Retail Sales YoY (Apr)
High
Jun 21, 12:30
21 days
CAD Retail Sales MoM (Apr)
High
Jun 21, 12:30
21 days
CAD New Housing Price Index MoM (May)
Medium
Jun 21, 12:30
21 days
CAD New Housing Price Index YoY (May)
Medium
Jun 24, 08:00
24 days
CAD Myfxbook USDCAD Sentiment
Medium
Jun 25, 12:30
25 days
CAD Core Inflation Rate YoY (May)
Medium
Jun 25, 12:30
25 days
CAD Inflation Rate MoM (May)
Medium
Jun 25, 12:30
25 days
CAD Inflation Rate YoY (May)
High
Jun 25, 12:30
25 days
CAD CPI Median YoY (May)
High
Jun 25, 12:30
25 days
CAD CPI Trimmed-Mean YoY (May)
High
Jun 25, 12:30
25 days
CAD Core Inflation Rate MoM (May)
Low
Jun 26, 12:30
26 days
CAD Wholesale Sales MoM (May)
Low
Jun 26, 12:30
26 days
CAD Manufacturing Sales MoM (May)
Low
Jun 27, 12:30
27 days
CAD Average Weekly Earnings YoY (Apr)
Low
Jun 27, 16:00
27 days
CAD 2-Year Bond Auction
Low
Jun 28, 11:05
28 days
CAD CFIB Business Barometer (Jun)
Low
51
Jun 28, 12:30
28 days
CAD GDP MoM (Mar)
Medium
Jun 28, 12:30
28 days
CAD GDP MoM (Apr)
Medium
Jun 28, 12:30
28 days
CAD GDP MoM (Apr)
Medium
Jun 28, 12:30
28 days
CAD GDP MoM (May)
Medium

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